HHR Investor Newsletter – April 2021
The start of 2021 has seen the real estate industry adapt to the new Covid 19 normal. The moratorium on rental evictions has now been lifted and we are seeing extensive wait lists for hearings as agents throughout QLD take eviction action against tenants for non-payment of rent. Now, more than ever, it is vital to ensure you have adequate insurance in place for loss of rent and we urge all landlords to review their policy and ensure sufficient cover is in place.
Approaching the end of the NRAS year, the team are hard at work to ensure NRAS compliance documents are received and ready for lodgement. In order to ensure that owners receive their NRAS incentive, provision of a lease, Tenant Demographic Assessment and 12 months proof of income is a requirement for all tenants. It is anticipated these documents will be ready for submission to the DSS at the end of May.